Hello, I just found this interesting site today, I have found it to be very interesting and imformative. Presently my FICO is 680 but I do have one collection on my cr for $978. Is it possible to call this collection agency and negotiate that I will pay this in full if they will delete it from all credit reporting agencies. What is the chance that they will accept this? Thanks...
Hi DogBoy and Welcome to the Board. Before you do anything, especially with a debt of that size, you'll want to read a TON of stuff and get familiarized. Start with the FAQ thread at the top.
DON'T CALLLLLL definately read the FAQ but a quick answer for you is to make them validate the debt also dispute with the CRA... welcome..
Welcome to the board! Definitely don't call these people. They are not like ordinary people. They would rather lie than tell the truth. It is like talking to the mafia. They say one thing, when they know they have plans to do something else. They are very tricky!! You cannot trust them!! If you talk to them they will trick you, and when it is over, you will say "How could they do that???" Read up on validation and disputing, and follow the advice given here. Don't do anything until you understand how these things work.
